U.S. Top News Early Edition: Italian borrowing costs at breaking point

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	11/9/2011
Good Morning LATEST NEWS Italian borrowing costs at breaking point ROME/LONDON (Reuters) - Italian borrowing costs reached breaking point on Wednesday after Prime Minister Silvio Berlusconi's promise to resign failed to raise optimism about the country's ability to deliver on long-promised economic reforms. | Full Article Greek PM to meet president as coalition hopes rise November 09, 2011 09:03 AM ET ATHENS (Reuters) - Prime Minister George Papandreou will meet the Greek president on Wednesday, raising hopes that party leaders may finally have come to terms on a national unity government as the nation hurtles toward an economic and political precipice. | Full Article Wall St tumbles at open on growing Italy fears November 09, 2011 09:38 AM ET NEW YORK (Reuters) - Stocks tumbled at the open on Wednesday as a spike in Italian bond yields prompted fears the region's debt crisis was spiraling. | Full Article GM profit falls, shares tumble on weak outlook November 09, 2011 09:32 AM ET DETROIT (Reuters) - General Motors Co posted a third-quarter profit that fell 15 percent after a loss in Europe and forecast that operating profit in the current quarter would be flat from a weak fourth quarter in 2010. | Full Article Cain looks to move past controversy at debate November 09, 2011 07:07 AM ET ROCHESTER, Michigan (Reuters) - Republican Herman Cain will try to move past an escalating sexual harassment controversy on Wednesday during a U.S. presidential debate on economic issues held in the hard-hit manufacturing state of Michigan. | Full Article BUSINESS NEWS China inflation, output create room for pro-growth steps November 09, 2011 07:06 AM ET BEIJING (Reuters) - Chinese industrial output grew at its weakest annual pace in a year in October and inflation fell sharply, raising expectations Beijing will do more to support economic growth by "fine tuning" policy. | Full Article Macy's, Ralph Lauren margins slip; shares down November 09, 2011 09:28 AM ET (Reuters) - Rising cotton prices and other costs took a toll on quarterly margins at Macy's Inc and Ralph Lauren Corp , pressuring shares of both the department store operator and the clothing maker. | Full Article Olympus investment losses may have exceeded $1 billion November 09, 2011 08:02 AM ET TOKYO (Reuters) - Losses on securities investments at the core of a scandal rocking Japan's Olympus Corp may have once exceeded $1 billion, the Nikkei newspaper said on Wednesday, as the 92-year-old firm's share price plunged due to doubts about its future. | Full Article HSBC says may leave UK, warns on global slowdown November 09, 2011 08:18 AM ET LONDON (Reuters) - HSBC gave its starkest warning to date that new regulations might force it to leave Britain and warned that problems in Europe had hurt growth elsewhere and created a "very challenging" global economy. | Full Article Paul Volcker says Volcker rule too complicated November 09, 2011 07:52 AM ET SINGAPORE (Reuters) - The Volcker rule is too long and complicated and financial lobbyists are to blame, said the man who gave his name to the new regulation on bank trading. | Full Article HEALTH NEWS Panel backs skin cancer advice for youths Roche skin cancer drug to get priority review in U.S. Clinton sets new U.S. global AIDS focus on treatment Fiber-loving teens have lower heart, diabetes risks Cervical cancer vaccines may cut need for screening RELATED VIDEO U.N.: Syria death toll tops 3,500 Ahmadinejad rejects nuclear report Dalai Lama visits Mongolia A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today. Your daily briefing on the latest tech developments from around the world from Reuters expert tech correspondents. Register Today. The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day.. Register Today. » MORE NEWSLETTERS ODDLY ENOUGH Agents intercept military flare in mail Full Article "Cemetery collector" with 29 bodies arrested Five teenagers arrested for stealing Halloween candy Strapped county sacks Santa to save $660 Devil found in detail of Giotto fresco in Italy's Assisi - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend